About the AuthorReuters: Business News

(Reuters) – Apple Inc (AAPL.O) CEO Tim Cook has joined a chorus of business leaders who have voiced their opposition to President Donald Trump after he blamed white nationalists and anti-racism activists equally for violence in Virginia over the weeken…

LONDON (Reuters) – Efforts by the United States government to loosen regulations on banks are “dangerous and extremely short-sighted”, one of the U.S. central bank’s top policymakers said in an interview with the Financial Times published late on Wedne…

(Reuters) – The energy unit of Warren Buffett’s Berkshire Hathaway Inc said on Wednesday it will “stand firm” on its $9 billion offer to acquire 80 percent of Oncor Electric Delivery Company LLC and will not increase its offer.

LONDON (Reuters) – Global stocks fell on Thursday as investors trimmed their exposure to riskier assets after central bank minutes revealed a wary take on the economic outlook from ratesetters on both sides of the Atlantic.

MEXICO CITY (Reuters) – Mexico’s Supreme Court on Wednesday ruled billionaire Carlos Slim’s telecommunications company America Movil should not be barred by law from charging competitors certain fees, prompting fears of a rollback of a sweeping antitru…

NEW YORK (Reuters) – A Federal Reserve policymaker on Wednesday staked out the hawkish argument for carrying on with U.S. interest rate hikes even while weak recent inflation readings have split opinions among her colleagues at the U.S. central bank.

(Reuters) – General Motors Co’s Maven car sharing and rental unit could wind up competing with two of its biggest customers, Uber Technologies and Lyft Inc, with an ambitious expansion plan that could take it eventually into ride and delivery services…

BOSTON (Reuters) – Investor William Ackman said on Wednesday his hedge fund had bought and sold a stake in Hilton Worldwide Holdings, identifying the portfolio company that recently earned him a double digit return.

WASHINGTON (Reuters) – Federal Reserve policymakers appeared increasingly wary about recent weak inflation and some called for halting interest rate hikes until it was clear the trend was transitory, according to the minutes of the U.S. central bank’s …

(Reuters) – A startup backed by Tony Fadell, one of the fathers of the Apple iPod, plans to announce Wednesday it is working with Samsung Electronics Co Ltd , Foxconn parent Hon Hai Precision Industry Co Ltd and others on a new way for mobile phones t…

(Reuters) – A black banker in Goldman Sachs Group Inc’s personal wealth management unit filed a lawsuit on Wednesday accusing the firm of steering top clients to her white colleagues and denying her promotions because of her race.

HONG KONG (Reuters) – Geely Automobile Holdings Ltd said on Wednesday it was not planning a bid for Fiat Chrysler Automobiles NV , and while other potential Chinese suitors remain any tie-up could face significant U.S. regulatory obstacles.

(Reuters) – Automakers on Wednesday won a temporary reprieve from lawsuits filed by victims of defective air bags made by bankrupt Takata Corp that led to the largest-ever auto safety recall and at least 18 deaths.

BERLIN (Reuters) – Ireland’s finance minister said the European Commission’s demand that Dublin collect up to 13 billion euros ($13.8 bln) in back taxes from Apple was unjustified, in an interview with Germany’s Frankfurter Allgemeine (FAZ) newspaper….